| Asking Price |
$1,100,000 | Inventory |
$329,356* |
|---|---|---|---|
| Gross Income |
$1,688,708 | Real Estate |
|
| Cash Flow |
$359,981 | Year Established | 1917 |
| FF&E |
$856,909* | Employees | 10 |
* included in the asking price
** not included in the asking price
This company primarily provides wholesaling of oil field equipment as well as tire shredding equipment and steel replacement. The company has an excellent reputation for its expedient and reliable service, expertise in the industry, skilled and experienced staff, prompt response time, convenient hours, and location, and competitive pricing. The company was established in 1917 and has been under the current ownership since 1986.
Facilities: There are two large industrial buildings approximately 20,000 square feet, with office and storage space as well as large work areas.
Competition: Central Machine works is a contract manufacturer that manufactures machine parts for clients based upon the clients blueprints. Their main markets are for oilfield, steel mill replacement, and tire shredding equipment parts. They also do general contract and job shop work.This company has very little competition in its market place. Some of their competitors are: American Machine & Gear Penisula Iron Works Thomson Machine Corp
Growth/Expansion: The company could experience growth potential by increasing its visibility in the oil and gas field machinery and equipment manufacturing market, hiring an outside sales person or team, and calling on distributors.
Financing: Seller will finance 10-25%
Reason Selling: Retirement

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